- Company: Fairmoney Microfinance Bank
- Location: Lagos, Nigeria
- Job type: Full-time
About the role
Fairmoney is building a leading mobile bank for emerging markets. The Junior Underwriter will support credit risk management by assessing credit applications, verifying business information, and monitoring the portfolio. You will work closely with the Underwriting Lead and credit operations teams to ensure lending decisions are informed and compliant with company policies.
Responsibilities
- Review and process initial credit applications according to company guidelines.
- Conduct physical and online verification of onboarded businesses.
- Analyze business models and financial statements to assess creditworthiness.
- Monitor assigned credit facilities for emerging risks and escalate concerns.
- Support the identification and reporting of credit risks.
- Review delinquent accounts to identify causes of default and track resolutions.
- Prepare accurate credit risk reports for management.
- Assist in reviewing and updating credit policies and underwriting standards.
Requirements
- Bachelor’s Degree in Business Administration, Finance, Economics, or a related field.
- 1 – 2 years of experience in credit underwriting within banking or financial services, focusing on SME clients.
- Ability to analyze financial statements and assess credit risk.
- Proficiency in MS Office Suite.
- Proactive, self-motivated, and results-oriented mindset.
How to apply
Interested and qualified candidates should click here to apply online.
